So i legit stubbled on this one i have done no research or dug into it but i noticed something that right away caught my attention first i was on Unusual Whales FLOW page and i noticed 309 THOUSAND dollars on 2 option trades one being an Opening Position trade and smaller secondary one ( go check it out if you have whales ) one was placed same day mins before the market closed the smaller one and the larger one was for 274K. Now after seeing that and pulling up the chart i right away noticed the pattern it is now is repeated ( a large spike in price action followed by consolidation before a dip in price ) the most recent time taking the price from 14 to 4. if you go back further in the chart you will see another example of this as well. I'll be watching the flow closely to see if i enter a PUT option to enjoy some of that run down as they seem to take time so maybe a Dec 17th experation @ the $22 strike seems to be interesting lol.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.